Is Indian economy really better than Pakistan?

[Articulate]

Hanoomaan lie you mean?

No. plain old Zionist lie conspiring against the mohhamedans.

 

[Safriz]

Check world bank and IMF data and come back.

I have.

No. plain old Zionist lie conspiring against the mohhamedans.

Whatever... now shoo

 

[Articulate]

I have.
View attachment 400244

Won't be long before Bangladesh surpasses Pakistan.

 

[Safriz]

Won't be long before Bangladesh surpasses Pakistan.

Lets see... We can talk about it when it actually happens. BD is doing good, but foreign debt may be a problem.

 

[Articulate]

Lets see... We can talk about it when it actually happens. BD is doing good, but foreign debt may be a problem.

BD has high foreign export earnings and their debt levels are amongst the lowest in South Asia. Pakistan has one of the highest levels of debt in South Asia. You can take an educated guess on what trajectory will happen.

Remember - debt is measured not in absolute terms but as a percentage of GDP.

 

[Zaahir]

Subsidy based Farming is also going on in my Country of Residence UK and it didn't work very well. Most of UK farms only grow grass for sheep now and most of food items are imported from Europe.


I wasn;t on about GDP, i was on about GDP per capita or GDP divide by population.


And you forgot India's 381 Billion of Imports. Thats a trade deficit of 106 Billion, compared to about 20 Billion Trade deficit of Pakistan.

And you forgot 380bn dollars of forex reserves VS 20bn something of Pakistan. Now divide your external borrowings by your forex reserves and do the same for India.. If you see some light, come back to post again.
By the way external debt is paid in dollars or euros from the national treasury. Not in a per capita basis. And when nations don't have enough forex in the treasury to pay for the external obligations they go to places like imf for bailouts.
With all the new power generation capacity coming up from cpec at inflated rates when people are unable or unwilling to pay at existing rates (circular debt) and a power grid infrastructure that can't support existing load capacities (Karachi blackout yesterday?) the next bailout might just be around the corner. Hold your horses a bit longer my friend.

Enjoy the rest of the day.

 

[MULUBJA]

I have.
View attachment 400244


Whatever... now shoo

Where is the mention of 300+ bn USD GDP?

 

[Stag112]

Hanoomaan lie you mean?

As opposed to moohammad truth?

 

[Safriz]

As opposed to moohammad truth?

yup, now shoo

And you forgot 380bn dollars of forex reserves VS 20bn something of Pakistan. Now divide your external borrowings by your forex reserves and do the same for India.. If you see some light, come back to post again.
By the way external debt is paid in dollars or euros from the national treasury. Not in a per capita basis. And when nations don't have enough forex in the treasury to pay for the external obligations they go to places like imf for bailouts.
Enjoy the rest of the day.

Again , that figure has no breakdown of source. 380 Billion is totally available to Indian Government to spend as they please or much part of it is foreign investment and Bank balance maintained by Foreign investors as running cash?

 

[ashok321]

WEF report: Pakistan leaves India behind in IDI

Pakistan Economy $313 Billion in 2017 : IMF

 

[Zaahir]

yup, now shoo


Again , that figure has no breakdown of source. 380 Billion is totally available to Indian Government to spend as they please or much part of it is foreign investment and Bank balance maintained by Foreign investors as running cash?

Do some of your own research then come back although I can tell you that Indian figures (and most other countries) only Include forex held by the central bank and excludes commercial banks.the reserves held by your central bank are only around 16-17bn USD. Reporting of forex reserves is a standard global practice. Read about it and think hard before replying

 

[illusion8]

I doubt Indian economists consider Pakistan as a parameter to be compared, the comparisons are usually drawn by some media sections and the usual jobless analysts.

 

[The Accountant]

No I will scream like a kid if I feel like it. I do not need a certificate of maturity or erudition from you. I have discussed this issue on several threads here and elsewhere. Instead of posting BS in real time you can read about what has been written on past threads if you really want to gain insight.

Whatever you are stating believing it to be the ultimate insight is the most fundamental aspects of economics. First educate yourself enough to have a decent conversation. The only reason as to why you are not being ridiculed sufficiently for your ignorance is because PDF is a den of ignorance where people talk over each other's head and credibility means nothing.

Even if I prove you wrong on each point you make, you will make the same point in another thread next week, expecting your bluff not to be called and then put the onus on me or someone else to talk in a "matured" manner and establish even elementary facts such as that Pakistan's economy is in the gutter.

So if you believe otherwise, feel free to do so and misinform whoever you are capable of deceiving. Best of luck.

Self-proclaimed expert who cannot even justify per capita income comparison ...

I will ... I have ... other threads ... Do you have anything else to say other than your BS stupid statements ... You are just a troll ... So now hushhh hushhh ...

 

[Safriz]

Do some of your own research then come back although I can tell you that Indian figures (and most other countries) only Include forex held by the central bank and excludes commercial banks.the reserves held by your central bank are only around 16-17bn USD. Reporting of forex reserves is a standard global practice. Read about it and think hard before replying

So the point of this rant being?
Also you may be aware that forex reserves of any country fluctuate daily. So that may not be a good yardstick for economy.

 

[POPEYE-Sailor]

we all know india economy is much better then Pakistan economy. So why are u guys talking about indian economy ?